.2 min read through Final Updated: Sep 27 2024|1:55 PM IST.Bank of India (BOI) on Friday released a 400-day preset deposit program as aspect of its festive season offerings.Visit this site to get in touch with our company on WhatsApp.The bank is providing an interest rate of 8.10 percent every annum for the so-called tremendously senior Folks, 7.95 per cent for seniors, as well as 7.45 per-cent for various other customers under non-callable deposits (those going over Rs 1 crore).Under callable deposits with an alternative of early drawback, the banking company is actually giving interest rate of 7.95 per cent every year (p.a.) for incredibly seniors, 7.80 per-cent for senior citizens and also 7.30 per cent for various other clients. .Key functions of the scheme:.Period: 400 days.Down Payment Volume: Less than Rs 3 crore.Accessibility: All divisions as well as digital stations (BOI Omni Neo App/ Internet Banking).Entitled depositors: Resident Indians, NRE (Non-Resident External) account, and NRO (Non-Resident Common) account holders.Rate of interest:.Non-callable down payments (for volumes greater than Rs 1 crore):.- Super senior citizens: 8.10 per cent p.a.- Senior citizens: 7.95 per-cent p.a.- Various other clients: 7.45 per-cent p.a.Callable deposits (along with early drawback option):.- Super senior citizens: 7.95 per-cent p.a.- Seniors: 7.80 per-cent p.a.- Other clients: 7.30 percent p.a.Customers considering the program may see their nearest BOI branch or even use the banking company's electronic systems - BOI Omni Neo App or Internet Banking - to open a taken care of down payment under this scheme.List of recently revised rate of interest by BOI:
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1st Published: Sep 27 2024|1:55 PM IST.